My CAIA journey began five years ago, when I decided to complement my practical experience in private markets with a globally recognized professional designation. Given CAIA’s strong reputation and specialized focus on alternative investments, pursuing the designation was a natural choice.
I passed Level I on my first attempt and, after a challenging but rewarding journey, successfully completed Level II in Spring 2026. The experience reinforced the importance of persistence, intellectual curiosity and staying open to new perspectives — qualities that I believe are particularly valuable in an industry that continues to evolve.
One of the aspects I have valued most about the CAIA curriculum is its breadth and relevance to the evolving investment landscape. Over the years, I have seen the curriculum expand to incorporate topics such as artificial intelligence, machine learning, blockchain and digital assets, reflecting CAIA’s commitment to innovation and keeping pace with developments across the industry.
I have also valued the lifelong learning opportunities available to Members. The growing range of educational resources and microcredentials demonstrates CAIA’s commitment to supporting professional development beyond the designation itself. Having completed the Digital Assets Microcredential, I found it highly relevant and very well structured, particularly suited to busy professionals who can benefit from concise material delivered in a self-paced format. This emphasis on continuous education is, in my view, one of the most valuable aspects of CAIA Membership, and I look forward to continuing to benefit from it.
Beyond the curriculum, becoming part of a global professional community has been an important part of my CAIA journey. Through the CAIA Luxembourg Chapter, I have had the opportunity to attend industry events, exchange perspectives with fellow professionals and stay connected to developments across the alternatives landscape.
For me, the CAIA journey has ultimately been about more than earning a designation. It has provided an opportunity to deepen my knowledge, challenge my thinking and become part of a global community of professionals with a shared interest in alternative investments.
About Yulia Kulakova, CAIA, CIPM
Yulia is a senior professional with extensive experience across the financial services industry and a particular focus on alternative investments. She has built a career spanning private markets, client solutions, asset servicing and investment operations. Her experience spans asset classes including private equity, venture capital, private debt, real estate and infrastructure, supported by expertise in investment fund operations, governance, regulatory frameworks and institutional investment processes.
Yulia actively contributes to industry dialogue through volunteer-led initiatives, speaking at industry events, moderating panels and engaging across professional communities.
Outside of her professional life, Yulia enjoys reading and travelling, with a particular interest in discovering different cultures and culinary traditions. She also practices yoga and is a certified scuba diver, having recently rediscovered her passion for exploring the underwater world.
She holds a Certificate in Investment Performance Measurement (CIPM) from the CFA Institute and became a CAIA Member in 2026.